A couple of weeks ago, when I posted a "Yea,
we're up again" post, someone gave me a hard time for
wanting my favorite stock to go up (andupandupandup).
Since we are all net buyers, why not hope for the stock
to go down so we can buy more?
Darn it, I
should have put a stop loss at 2790. Then maybe I would
have been able to buy another share with my gains.
However, since I didn't, I am still waiting here
contentedly to see what else happens, because I put all my
money in BRKB and can't go out and buy more at this
point. But low and behold, here is a poster pissed off
because he lost on margin. So ok folks, how can we
rectify these divergent opinions. Do we want the stock to
go UP or do we want the stock to go DOWN? Any votes?
>> The point is at some future time the 'A'
shares are just
>> going to be unnatainable to
anyone but the very rich.
>> So it seems
possible that at some future point a 'C'
looks like it might be needed.
thoughts on this possibility.?
Tasty, with all due
respect (I mean this), you seem to be a bit hung up on
the possibility of 'C' shares.
WEB & co are
pretty practical people; witness the issuance of the 'B'
shares in the first place. No doubt when market
conditions warrant, they will consider the issuance of 'C'
shares or announce a stock dividend of some sort or do
something even more unexpected.
I see no percentage
in trying to second-guess WEB on this or any other
matter. Although (again with all due respect) I agree
it's fun to TRY.
"Any one know where you can get historical quotes
going back this far?"
My in-laws have my "The
Buffet Way", but there you will find the purchase price
and date of Berkshire which will give you the
historical data you are looking for.
Whichever one it is...I will take
Either way, it is a fantastic average return.
point is at some future time the 'A' shares are just
going to be unnatainable to anyone but the very
So it seems possible that at some future point a 'C'
looks like it might be needed.
Any thoughts on
May the WEB be with
>> So ok folks, how can we rectify these
>> opinions. Do we want the stock to go
UP or do we
>> want the stock to go DOWN?
I would sure like to see GRN go
BRK goes up and down (you'll
know this if you've had it long enough) but the trend
is up (so far). So temporary downs are a Good
do you think .. people are unloading BRKA/BRKB
and buying GRN?
Notice the difference in
volumes traded concerning these issues.
institutions are selling off GRNs as BRK holders are buying.
I just took a look at www.bigcharts.com and saw the
short interest on brk.b -- kinda interesting. It's
quite interesting too that today's volume in brk.b is
just under 10x grn's volume. More than coincidence?
It's very plausible that it's institutions are
shorting brk.a and buying grn at the same time. They have
the juice to do it (unless we have George Soros
lurking here on this board, probably most of us can't
swing too many trades like
looks like I won't get my wish
for grn going down, given the probable convergence
between grn & brk.b...
...I left out that the BRKs must be rom IRA/401k
By the time the sale is finalized, One BRKA will
equal 30 BRKBs and one BRKB will equal .105 GRN. The
gap will have narrowed, then watch for a BRK price
spike upwards. Just an opinion.